Cash for Clunkers Success

[Riot]

Originally Posted by Danzig

millions out of work, and 1350 makes a difference? lol
unemployment is expected to remain above 10% for some time-and once cash for clunkers dries up, and demand dissolves, where will those 1350 be? so yeah, a hooray for them-but not a big one.

Yes, unemployment is always the last thing to return to normal after any downturn, and it's expected to be high for two years. It will still be high when the economy is definitively growing.

And if those 1350 do end up laid off again sometime in the future, next year - at least you should be happy they were off the public dole for a year, and you and I weren't paying for their food and housing.